Any binanceian if you are also using Kalshi then this news for you.
Bitcoin, ether perpetual volumes on Kalshi are dominated by an unusual, repetitive trade, data shows.
1: if you do Small trades, limits, low leverage, $BTC or $ETH only then Keep using it. Treat it as a regulated onshore venue, not as Binance-depth.
2: if you Sizing up, using market orders, high leverage then be cautious. Assume usable liquidity is closer to a stack of $2.5k–$5.5k clips than to the $600M+ volume figure.
3:Using volume to decide “this market is deep / everyone is here” then you should not do it. Use the order book, your own fill, and open interest.
You can tip me if you find this news is helpful to you .
#news_update
Bitcoin, ether perpetual volumes on Kalshi are dominated by an unusual, repetitive trade, data shows.
1: if you do Small trades, limits, low leverage, $BTC or $ETH only then Keep using it. Treat it as a regulated onshore venue, not as Binance-depth.
2: if you Sizing up, using market orders, high leverage then be cautious. Assume usable liquidity is closer to a stack of $2.5k–$5.5k clips than to the $600M+ volume figure.
3:Using volume to decide “this market is deep / everyone is here” then you should not do it. Use the order book, your own fill, and open interest.
You can tip me if you find this news is helpful to you .
#news_update